Q9. From the following information you are required to calculate- (i) Sales; (ii) Sundry Debtors; (ii) Sundry Creditors; (iv) Closing stock; Debtors velocity ratio 3 months Stock velocity ratio 6 months Creditors velocity ratio 2 months Gross profit ratio 25% The gross profit for the year ended 31st March 2018 was Rs 5,00,000. Stock for the same period was Rs 20,000, more than it was in the beginning of the year. Bills receivable and bills payable were Rs 1,50,000 and Rs 83,333, respectively